Flex Trading Analyst – Flexible
Drax is playing a vital role in helping change the way energy is generated, supplied, and used.
You’ll have the option for hybrid working, allowing you to be where you need to be. The Flex Desk team typically work from the office 1-2 days per week.
About the role
You’ll help facilitate the day-to-day management of the Flex contracts and support the growth, development and profitability of our Customers portfolio. This includes daily position management tasks, wholesale contract trading (both prompt and curve), flex transactions and ad-hoc queries.
You’ll develop an understanding of our Flex system, how Flex contracts operate and understand how this interrelates within the operation of wider UK power market. Using this knowledge, you’ll take on responsibility for price fixing and unfixing transactions for clients and TPIs across a broad spectrum of products.
The role will require you to take on responsibility for managing the relationship for a number of clients across a variety of business sectors. What’s more, your responsibilities will include delivering the technical aspects of a Flex contract - from providing market information (within regulatory boundaries) to reporting on the customer’s position.
You’ll manage customer demand re-forecasts, including within-day position adjustments, and deal with direct queries from customers/ agents. When calculating contract specific information for customers, you’ll include billing reference rates, residual volumes and prices, cost illustrations, annual charge reviews, and ad-hoc reconciliations.
As you develop in the role, you’ll also begin to evaluate new tender opportunities arising from the Sales team and decide upon the best approach for delivering robust quotation packages. You’ll provide input in relation to the pricing of complex Flex opportunities.
There will also be opportunities for you to progress into senior roles within the Flex Desk team, or into other Commercial business areas at Drax.
Previous commercial experience isn’t required, though knowledge of the Energy sector would be beneficial. We’re looking for someone with excellent numeracy skills with particular attention to speed, accuracy and detail. Ideally, you’ll also need advanced Microsoft Excel skills and knowledge of coding languages such as Python, VBA and/ or SQL.
Why work for Drax?
To learn more about how Drax is enabling a zero carbon, lower cost energy future, click here.
We offer a discretionary annual bonus, plus benefits including 25 days annual leave (plus bank holidays), private medical insurance, income protection, life assurance and pension starting at 3% employee contribution/ 6% employer contribution.
We’re at our best when we share inspiration and insight right across Drax, and search for new ideas and ways of working. We welcome applications from everyone and hire great people to build talented and diverse teams.
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